Announced details
Parking facilities attached to office buildings, condominiums for sale and rental condominiums, particularly the monetization of vacant spaces in mechanical parking facilities
Cumulative number of parking spaces under contract surpassed 40,000
Parking sublease spaces under contract: more than 40,000 cumulatively
Azoom leases parking facilities in bulk from owners, property management companies and condominium management associations, and handles user recruitment, contracts, collection of payments, delinquency management, cancellation procedures and complaint handling.
19F, Shinjuku Minds Tower, 2-1-1 Yoyogi, Shibuya-ku, Tokyo
In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.
| Item | Details |
|---|---|
| Names of Products / Services Covered | Parking sublease |
| Relationship with the Company | Azoom leases parking facilities in bulk from owners, property management companies and condominium management associations, and handles user recruitment, contracts, collection of payments, delinquency management, cancellation procedures and complaint handling. |
| Applicable area | Parking facilities attached to office buildings, condominiums for sale and rental condominiums, particularly the monetization of vacant spaces in mechanical parking facilities |
| Location | 19F, Shinjuku Minds Tower, 2-1-1 Yoyogi, Shibuya-ku, Tokyo |
| Quantitative Effects | Cumulative number of parking spaces under contract surpassed 40,000 |
| Usage history | Parking sublease spaces under contract: more than 40,000 cumulatively |
Items this document does not state (12)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Azoom explained that the increase in contracts was driven by a rise in consultations concerning the use of vacant parking spaces, particularly in urban areas; the creation of vacant spaces in mechanical parking facilities as vehicles have grown larger and usage needs have changed; and the appeal of Azoom's parking information database and its monthly parking search website, CarParking, together with its specialized expertise in parking operations.